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Consolidated Statements of Income and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income:      
Interest and fees on loans, including loans held for sale $ 274,619 $ 230,844 $ 169,885
Interest and dividends on securities:      
Taxable 24,953 27,263 21,695
Tax exempt 2,553 2,678 2,998
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 783 759 603
Interest on Federal Reserve Bank deposits 10,101 6,831 2,439
Other, including interest on federal funds sold 434 275 122
Total interest income 313,443 268,650 197,742
Interest expense:      
Interest on deposits 112,516 81,167 24,068
Interest on repurchase agreements and federal funds purchased 10,393 8,994 2,540
Interest on advances from Federal Home Loan Bank 16 1,004 20
Interest on long-term debt 4,523 4,375 2,012
Total interest expense 127,448 95,540 28,640
Net interest income 185,995 173,110 169,102
Provision for credit losses 10,951 6,811 4,905
Net interest income after provision for credit losses 175,044 166,299 164,197
Noninterest income:      
Deposit related fees 29,824 29,935 29,049
Gains on sales of loans, net 294 395 1,525
Trust and wealth management income 14,921 13,025 12,394
Loan related fees 4,957 3,792 6,185
Bank owned life insurance 5,236 3,517 2,708
Brokerage revenue 2,272 1,473 1,846
Securities gains (losses) 631 996 (168)
Other noninterest income 4,430 4,526 4,377
Total noninterest income 62,565 57,659 57,916
Noninterest expense:      
Officer salaries and employee benefits 16,316 15,206 15,922
Other salaries and employee benefits 63,111 58,505 56,568
Occupancy, net 9,442 8,900 8,380
Equipment 2,762 2,943 2,703
Data processing 11,172 9,726 8,910
Bank franchise tax 1,685 1,649 1,528
Legal fees 1,090 1,131 1,159
Professional fees 2,783 2,219 2,275
Advertising and marketing 3,130 3,214 3,005
FDIC insurance 2,586 2,483 1,447
Other real estate owned provision and expense 152 350 456
Repossession expense 1,089 531 546
Other noninterest expense 15,605 18,533 18,172
Total noninterest expense 130,923 125,390 121,071
Income before income taxes 106,686 98,568 101,042
Income taxes 23,873 20,564 19,228
Net income 82,813 78,004 81,814
Unrealized holding gains (losses) on debt securities available-for-sale:      
Unrealized holding gains (losses) arising during the period 6,607 36,863 (168,060)
Less: Reclassification adjustments for realized gains (losses) included in net income 8 4 (81)
Tax expense (benefit) 1,647 11,028 (43,675)
Other comprehensive income (loss), net of tax 4,952 25,831 (124,304)
Comprehensive income (loss) $ 87,765 $ 103,835 $ (42,490)
Basic earnings per share (in dollars per share) $ 4.61 $ 4.36 $ 4.59
Diluted earnings per share (in dollars per share) $ 4.61 $ 4.36 $ 4.58
Weighted average shares outstanding-basic (in shares) 17,950 17,887 17,836
Weighted average shares outstanding-diluted (in shares) 17,977 17,900 17,851